From Deseret News archives:
Utah Jazz: Fuzzy future Jazz have financial questions to answer
And this one had nothing to do with his health.
Though Miller officially handed over control of the franchise earlier this summer to his son, Greg Miller, the Jazz owner raised some eyes when he talked about next year's offseason when among many other things the franchise will likely be challenged to keep Carlos Boozer in the fold.
"We're going to have to make some very, very tough decisions next year," the elder Miller said. "I do not intend us to be a luxury-tax payer, but only because we have to have an economically stable franchise regardless of anything else."
With just two weeks until the kickoff of the Utah Jazz's fall training camp, it's worth revisiting two major points that can be gleaned from Miller's statement:
1. Even though he stepped down as the boss, Miller will likely play a significant role in the franchise's future decision-making. That especially appears the case for next summer, which he says will be "one of the most important" in Jazz history. His son has publicly stated that he wants the business mogul to remain active in helping mold the franchise's future.
Have fun picking your poison, Jazz brass.
General manager Kevin O'Connor and the Jazz's other top decision-makers might not be making too many vacation plans for what should be a wild summer of '09 for multiple reasons:
• The Jazz's team salary for the 2008-09 season will be $65.3 million. While that is above the salary cap, it's well below the more important luxury-tax threshold, which will be in the $72.4 million range. For 2009-10, however, the Jazz's salary could skyrocket to $74.4 million about the same as the projected luxury-tax threshold if all players with options remain with the team.
Recent comments
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